Steps to be Debt Free in 2013: Payoff Your Mortgage Early and Faster with Equity Optimization Strategies

What would your life look like if you didn’t have to make a mortgage payment next month? If you were mortgage free today how much money could you save in the next 5 to 7 years? If your monthly mortgage payment falls within the yearly average you could save anywhere from $60,000 to over $100,000 by 2020. What could you do with that kind of savings?

You may not have the financial resources to payoff your mortgage early, but you probably have the resources to payoff your mortgage faster than you ever imagined.

The problems we face to becoming mortgage free have little to do with our income levels or how we spend our money. The problem lies in how we bank, borrow and our understanding of how to payoff a mortgage early. If you’ve been taught or believe that the only and best way to payoff a mortgage is to simply throw more money at the debt then you have been mislead.

If you really want to payoff your mortgage early or all of your debt for that matter then you have to find new ways of doing old things. The low rate, low payment methods you probably use to manage your debt may seem prudent on the surface, but conventional methods of managing your personal finances are actually preventing you from achieving even marginal gains in either your savings or the actual elimination of any debt you might be carrying.

Taking advantage of technological advances of internet banking and standard banking products allows for easy implementation of a very powerful financial strategy called equity optimization. Equity optimization provides homeowners the opportunity to utilize 100% of their income against the adverse effects of long term amortized debt instead of utilizing only 5-10% as is currently dictated by conventional practice.

In certain parts of the world, (Australia for instance) equity optimization is widely practiced. In the US, equity optimization strategies are generally reserved for business or commercial customers; until now. Since 2000 the details and methods of equity optimization have become available to the public. Since its introduction to the public in 2000 thousands of American homeowners have paid off their mortgage in as little a 5-7 years. Thousands of Americans have paid off millions in credit card debt, student loans or even enhanced their retirement portfolios after implementing consumer-friendly equity optimization strategies previously reserved for the corporate elite.

Living a mortgage free life is much, much closer than you think and there isn’t a better time to start that journey then right now. Forget about the economic doom and gloom message of the day. The tools are available right now to take advantage of better financial practices. All it takes to get started is a little education and professional guidance. Start today and you could be mortgage free by 2020 or sooner.